Effective 2/25/2018, you need at least 75 direct points to qualify for Membership Extras

Discussion in 'Purchasing DVC' started by mrsap, Feb 11, 2018.

  1. pkrieger2287

    pkrieger2287 Disney Dreamer

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    AKV - February UY
     
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  2. Wakey

    Wakey DIS Veteran

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    A lot of non owners can only afford a 25 point contract, this is why they attract a premium. People will stop buying 25s in any great number, so the proportional pot will decrease.
     
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    DIS Sponsor Disney Vacation Club Resales www.dvcstore.com


  4. Pluto80

    Pluto80 Mouseketeer

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    Fair enough :-) I’m reasonably new to all this :-)
     
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  5. 0sw@ld

    0sw@ld The Lucky Rabbit

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    Glad to we bought a small direct contact 14 months ago. We were going to go the route of resale and adding on, but we wanted a smaller contract to start with. As long as we keep that direct contact in good standing, we would be free to buy resale when it becomes financial feasible again.
     
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  6. w00ter

    w00ter Earning My Ears

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    My first resale purchase just closed last Thursday. I haven't seen the deed pop up yet. I was planning to add 25 direct as soon as I could. Should I still wait, or so I call now for 50?
     
  7. Pluto80

    Pluto80 Mouseketeer

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    We went on a waitlist last week for OKW, we called our guide today just to see how it was going. He told us there were 10 others in front of us, and the only way to avoid the 75 point minimum was to buy 50 at Copper Creek before the 25th.

    He then called us back about 5 minutes ago and said our 25 points for the UY we need just came up! We’re in the UK so we just have to hope the postal system is quick! I find it strange we can sign and scan documents over email, and that it has to be done by mail, which is a bit of a pain. Our resale contracts have all been done via signing and scanning into email.

    So, fingers crossed it all goes through the post quickly!
     
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  8. babesboo99

    babesboo99 Veteren Disney Vacationer

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    We just closed in December and our deed was recorded on Dec 18th. does this mean we are not new owners and we have to buy 75 or can we still get 25-50 pts for already members? I am not sure how this effects me.
     
  9. pkrieger2287

    pkrieger2287 Disney Dreamer

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    I would be calling. Explain your situation and the rep should guide you in the right direction.
     
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  10. 116EV

    116EV Earning My Ears

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    That’s not that big of a deal. “It may or may not be renewed or extended”. So the point for us was to buy DVC for the sake of the membership moreso than the “perks”. We had a great guide who explained all of this to us in an honest manner.
     
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  11. 116EV

    116EV Earning My Ears

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    That’s what we did! Our guide was so great. He didn’t push into extra points we couldn’t afford at the time.
     
  12. Wakey

    Wakey DIS Veteran

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    They should load your points on immediately when you have paid the deposit - I am surprised they'd say it is the day it closed. The documents will arrive with you in the UK in about a week was my experience. Yes it is a pain you cannot just do it by email.
     
  13. 116EV

    116EV Earning My Ears

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    Email is not safe at all. You don’t want something like that being transferred via email.
     
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  14. w00ter

    w00ter Earning My Ears

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    OK thanks. Dumb question but what number do I call?
     
  15. Wakey

    Wakey DIS Veteran

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    All resale contracts are concluded by email- as are many formal legal agreements in commerce.
     
  16. 116EV

    116EV Earning My Ears

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    If you bought resale then you need at least 25 points direct under the old rules. But as of February 25th, you will need at least 75 for the “perks” and membership card. But it sounds like all the 25 point people are either on waitlists or getting lucky. So you might need to buy a 50 point contract if any are left.
     
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  17. 116EV

    116EV Earning My Ears

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    Understood. Still not secure. But I agree it would help a lot of people right now with DVC.
     
  18. pkrieger2287

    pkrieger2287 Disney Dreamer

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    (800) 500-3990 is the main line... We chatted with someone online and then they called us.
     
  19. pkrieger2287

    pkrieger2287 Disney Dreamer

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    50 definitely seems to be the magic number at the moment. If you suggest it I'm guessing they are more motivated to sell and look for the points as some others have said.
     
  20. mrs_coco

    mrs_coco Earning My Ears

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    I have the same question-we are in the same boat....
     
  21. Ben E N

    Ben E N DIS Veteran

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    At this point, no. That's what this statement means:

    "All Members who are eligible for Membership Extras as of February 24 will not be impacted by the 75-Vacation Point requirement, as long as they continue to meet the previously implemented eligibility requirements."
     
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